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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 73.87-0.1%Jan 9 9:30 AM EST
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To: hueyone who wrote (58656)3/26/2002 12:58:28 PM
From: M. Charles Swope  Read Replies (3) of 77400
 
The AOL announcement of a $54 billion write-off of goodwill prompted by new accounting rules has me wondering whether these rules will impact CSCO. The AOL write-off stems from the Times-Warner acquisition. Can someone tell me whether CSCO is carrying a lot of goodwill on its books that will have to be written off or whether it accounted for acquisitions differently than AOL so as to avoid these kinds of write-offs.

Thanks.
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